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May 4, 2014
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russia is considering the next move. disturbing scenes in ukraine. >> it very accurate description is things are getting worse. ukrainianople in the government are now calling it essentially a war. they think what you have on the a lot ofs you have these places. it is not only just limited to the east right now. this is just beside the border. note isimportant to that oh just as in the southwest. it is 100 miles from the romanian border. is in the southwest. it is 100 miles from the romanian border. kiev seems to be losing control. you have a presidential election at the end of the month. biggestears to be the offense yet from ukrainian forces. they were under the control of russian separatists. is all the way over here. it is not something we have seen over the past few weeks. we're used to talk about what is happening in the east. that is widespread over here. that is why there is an overriding concern. they will be fighting back. the violence is happening there. orchestrated. >> this is orchestrated. certainly a marke
russia is considering the next move. disturbing scenes in ukraine. >> it very accurate description is things are getting worse. ukrainianople in the government are now calling it essentially a war. they think what you have on the a lot ofs you have these places. it is not only just limited to the east right now. this is just beside the border. note isimportant to that oh just as in the southwest. it is 100 miles from the romanian border. is in the southwest. it is 100 miles from the...
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May 3, 2014
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in on the european countries have a lot of traders russia may get their gas from russia and i'm the ipo want to give that up. you know for some regions in the ukraine it was so much. we think for instance and the loss of seats. went to moscow after the invasion of crimea. his attorney has a lot of business interests in russia a single cent. in germany an awesome friend sent me this was the sanctions area and i come back to inti into the hat the eu and the degree of greenwich in the us has less at stake in the eu and the thing kept a journal has to say once again cnn's dutch bank that france has you add it to be a match except that each run shot to be improved if the sanctions were doing on the wrong manner and they're pushing one step too much they can be like no one on your neck shrink and it's bringing the total stock market as well. santa clara markets treatments. we can market disliked i know we live in the globalized world where china and russia. a lot more corn and hot gases and this is the chili stew because europe is really not found a good replacement for whatever gas whate
in on the european countries have a lot of traders russia may get their gas from russia and i'm the ipo want to give that up. you know for some regions in the ukraine it was so much. we think for instance and the loss of seats. went to moscow after the invasion of crimea. his attorney has a lot of business interests in russia a single cent. in germany an awesome friend sent me this was the sanctions area and i come back to inti into the hat the eu and the degree of greenwich in the us has less...
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May 2, 2014
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bennett was the biggest manufacturer in russia. at the same time feel it's a tragedy. every time a french company to report on a foreign one quarter of the moment too. to take the points. i think it is today. this is something that we have to tough it out seriously have to take into consideration the fact that if we do when it was seen in solution we will have to face issues with that of tom monopolies. she had long track record in france and its partner in big groups are from three years in the leaves. yep that's that's why everything is on a table and we need to discuss it and given that the county saying clinton the best solution is to last them for it to its employees in for a car on the future of our energy policy. tom and newtown. as mentioned i would like you as he he he. eugene found a solution and come i am not sure that this is due. and we can't see this into account weekends we can sound the news oust him to train built in the build up an emt and industry policy. we need to start now on. and we bleed strategic policy of more globally and in a descending and
bennett was the biggest manufacturer in russia. at the same time feel it's a tragedy. every time a french company to report on a foreign one quarter of the moment too. to take the points. i think it is today. this is something that we have to tough it out seriously have to take into consideration the fact that if we do when it was seen in solution we will have to face issues with that of tom monopolies. she had long track record in france and its partner in big groups are from three years in...
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May 1, 2014
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japan has also extended its sanctions against russia. both leaders agreed more economic sanctions will follow if the kremlin does not take meaningful action to reduce tension in ukraine the chinese state media reporting at least three deaths following an explosion in a train station the country's west. dozens more were injured. the blast at a station in the home team the capital of the follicle change on region home to china's muslim week you're a minority. those timothy and at the goodwill store by chinese president. he's in penang. she's in the region's stability was quietly the whole chinese nation recent years has seen growing unrest in the area over beijing's policies toward the weak or mine or one team. human rights group in nigeria says that the more than two hundred school girls who've been kidnapped or being forced to marry the man who abducted them bunches of people demonstrated in the capital through to the saying that the nigerian government is not doing enough to find. gunmen took the girls more than two weeks ago from their
japan has also extended its sanctions against russia. both leaders agreed more economic sanctions will follow if the kremlin does not take meaningful action to reduce tension in ukraine the chinese state media reporting at least three deaths following an explosion in a train station the country's west. dozens more were injured. the blast at a station in the home team the capital of the follicle change on region home to china's muslim week you're a minority. those timothy and at the goodwill...
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Apr 30, 2014
04/14
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despite new western sanctions on russia. an inmate in oklahoma dies of a heart attack minutes after a botched attempt to execute him with a new death penalty cocktail. also coming up this hour, celebrations across madrid as madrid wins. it might be an all spanish 20 in may if chelsea loses in tonight's game. a tug-of-war over french engineering company al stump. it says -- alstom. it is giving them a month to decide over the $12 billion offer from general election. there is a rival offer from siemens. a rack is voting in its first general election since u.s. troops -- iraq is voting in his first general election since u.s. troops left in 2011. the severe violence that hit the country this week continues. two women were among the dead as a bomb went off at a polling station in the north. nicholas rushworth has more. friday, and the explosion tore apart a campaign rally in the east of the city. attack was part of the waves of sectarian violence nationwide in the days before the vote. iraq is currently going through its worst u
despite new western sanctions on russia. an inmate in oklahoma dies of a heart attack minutes after a botched attempt to execute him with a new death penalty cocktail. also coming up this hour, celebrations across madrid as madrid wins. it might be an all spanish 20 in may if chelsea loses in tonight's game. a tug-of-war over french engineering company al stump. it says -- alstom. it is giving them a month to decide over the $12 billion offer from general election. there is a rival offer from...
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Apr 30, 2014
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he won last year that russia was on the path toward china's model of internet censorship. lastly, the russian premises and said the government needs to propose greater control over the world wide web, the web of agencies. the euro rose against the dollar this morning over speculation stimulustrained from netsuite even as data showed inflation in the region is less than what economists forecast. the finance minister said today he does not foresee a strong appreciation but would welcome a softer level for the common currency. he told francine the clock today that there is good reason to think there will be surprise for gdp, on target to achieve a tenths of one percent growth this year. >> i hope we could do better. though i cannot say that more explicitly, i think there are good reasons to think we will have an upside surprise. qwest in another global story, media -- the air lander with a top speed of 100 miles an hour and can carry and operate in the most extreme weather conditions. $350 to army spent develop the aircraft but ran out of money. a british company is now givin
he won last year that russia was on the path toward china's model of internet censorship. lastly, the russian premises and said the government needs to propose greater control over the world wide web, the web of agencies. the euro rose against the dollar this morning over speculation stimulustrained from netsuite even as data showed inflation in the region is less than what economists forecast. the finance minister said today he does not foresee a strong appreciation but would welcome a softer...
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Apr 30, 2014
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look at what may come in from russia over the next period of time. >> that's, i mean, something people look at. they look at energy is what jack welch was talking about yesterday, you think finance is going to be an area of strong growth? >> i think finance is at the root of everything that happens. so i think it has top. the economy will be good. i think it has to be good. i think energy, when you see a pipeline thing that makes sense, put it off until after an election. >> is this on purpose? i wasn't listening. now you say that. isn't that just. >> it doesn't make any sense. i mean, then you have to wait until the next election and the next election. >> every two years, unfortunately. >> the stuff is going to go some place else. it's obviously a safer way to transport that kind of oil. why not become an exporter of it? >> we talk about this often on camera before. who did you support, two elections ago for president? >> oh, boy. >> you supported barak obama. you didn't the last time around, why? >> pardon me? >> why? >> i didn't think he did a good job. >> the thing that bothers you
look at what may come in from russia over the next period of time. >> that's, i mean, something people look at. they look at energy is what jack welch was talking about yesterday, you think finance is going to be an area of strong growth? >> i think finance is at the root of everything that happens. so i think it has top. the economy will be good. i think it has to be good. i think energy, when you see a pipeline thing that makes sense, put it off until after an election. >>...
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Apr 30, 2014
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the big question is what about russia. shell has big interests in russia. they have a lng plant in the far east. producer inly lng all of russia. a project together with gazprom, the world's largest natural gas producer, to send gas to asian markets. that is one of the reasons why the boss at shell went to russia 10 days ago to meet with , to remind him shell is committed to russia despite the sanctions. and ask for his support for a plan to boost capacity at the plant by 50%. as recently as last night, president clinton said if the sanctions keep going up, russia might have to examine deals with western countries when it comes to energy. >> we will pick that point up in a moment. talk to me about what is happening with ukraine. >> ukraine was another place that shell was looking to expand its business. and had an agreement with the central government of ukraine to explore for gas and a stable country. that part of the country is controlled by separatists. not something -- is going to be able to work on any time -- that is not something shells going to be a
the big question is what about russia. shell has big interests in russia. they have a lng plant in the far east. producer inly lng all of russia. a project together with gazprom, the world's largest natural gas producer, to send gas to asian markets. that is one of the reasons why the boss at shell went to russia 10 days ago to meet with , to remind him shell is committed to russia despite the sanctions. and ask for his support for a plan to boost capacity at the plant by 50%. as recently as...
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Apr 30, 2014
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crimea is of prime strategic importance for russia. i suppose if a foreign power went and created trouble in guam, the u.s. would also respond. that's what the russians have done. they don't want ukraine to be part of nato, because nato is basically a method to encircle russia further. >> it's interesting. kerry seems to be implying that ukraine is already part of nato. >> yes. they started implying that it could be eventually. it would be a very long way for ukraine, given the state of its armed forces to start with. it is a certain level of commitment that the u.s. is willing to share. >> would these latest round of sanctions, what will they do, if anything? >> if the aim is to change the policy in moscow, it's not going to work. it's an expansion of what we have seen so far, inclusion of more corporate entities on the u.s. side, not on the eu side. >> mark would like to buy russia but there's too many risks. >> i would wait until the end of this year to be honest. we'll see a very long electoral calendar in ukraine. >> i agree. i th
crimea is of prime strategic importance for russia. i suppose if a foreign power went and created trouble in guam, the u.s. would also respond. that's what the russians have done. they don't want ukraine to be part of nato, because nato is basically a method to encircle russia further. >> it's interesting. kerry seems to be implying that ukraine is already part of nato. >> yes. they started implying that it could be eventually. it would be a very long way for ukraine, given the...
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Apr 30, 2014
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you mentioned russia, shell has big interests in russia. that is one reason then then meetingas in russia with president putin, telling him how important russia is to shell. shell has a plant in the far east. it is a venture that they are rom on and with gazp it is very important to them. they want to up the capacity by 50% to give the asian markets all the gas that they want. when he was there, he won president putin's endorsement of that project. we heard president putin yesterday saying if sanctions against wretch a -- against russia keep getting ratcheted up, he may have to take a look again at those contract with western energy companies. >> talk to me about shell's position in ukraine. >> they don't have a whole lot better now but they are looking. in particular for gas in the east of the country. they agreed with the central government that they will look for it there. unfortunately that is exactly where the separatist are active right now. we saw that with those pro-russian militia yesterday seizing that government building in lujan
you mentioned russia, shell has big interests in russia. that is one reason then then meetingas in russia with president putin, telling him how important russia is to shell. shell has a plant in the far east. it is a venture that they are rom on and with gazp it is very important to them. they want to up the capacity by 50% to give the asian markets all the gas that they want. when he was there, he won president putin's endorsement of that project. we heard president putin yesterday saying if...
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Apr 30, 2014
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interests in russia. that is one of the reasons why a representative from shell met with resident food. .- president putin they said that we continue to keep a presence here. this was just as everyone was theyeting up sanctions. want to up capacity i about the two percent. this is really important to them. he got president putin's support to do that. this is essential to their business plan. >> what about other geography that is in focus? >> shell has been looking at ukraine. they did a deal with the central government in ukraine a wild back to explore and develop gas in the east of the country in the very place we are seeing a lot of the turmoil right now. sites ise expiration right next to an area controlled by separatists. it is not far away from where we saw a pro-russia military sees a government to link. a very difficult situation. they were off the crimean coast. they were talking to central authorities about that as well. that is a de facto part of russia. >> we will talk later in the morning abou
interests in russia. that is one of the reasons why a representative from shell met with resident food. .- president putin they said that we continue to keep a presence here. this was just as everyone was theyeting up sanctions. want to up capacity i about the two percent. this is really important to them. he got president putin's support to do that. this is essential to their business plan. >> what about other geography that is in focus? >> shell has been looking at ukraine. they...
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Apr 30, 2014
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it didn't seem more western sanctions spelled out against russia this time out of brussels. another takeover of a government building in the east of ukraine this time the city of logan's that's just forty five km from the russian border was good in eastern ukraine in costs over the falls and gets dog was herbert was what's the latest. plus my reading of the people's republic of donetsk which is where i can we have got to see the creation of the three of the gods know that god is in the fourth largest city in ukraine and it seems very much at this hour tonight falling into the hands this effort is as other cities throughout the eastern region have in recent days and weeks of the situation because it is as you said we took a canal building a strategic site is really the first to go it seems today. several thousand demonstrators are besieged at early dawn of the broken window that broke into the building the race to flag down a russian flag over the roof. a few hours later it was the regional television stations and in the prosecutor's office and now at this hour as i speak it'
it didn't seem more western sanctions spelled out against russia this time out of brussels. another takeover of a government building in the east of ukraine this time the city of logan's that's just forty five km from the russian border was good in eastern ukraine in costs over the falls and gets dog was herbert was what's the latest. plus my reading of the people's republic of donetsk which is where i can we have got to see the creation of the three of the gods know that god is in the fourth...
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Apr 30, 2014
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what russia's actions in ukraine tell us is that today. putin's russia. this claim by a different set of rules. and through its occupation of criteria that subsequent de stabilization of eastern ukraine. russia seeks to change the security landscape of east and central europe we have to make it absolutely clear that problem that nato territory is inviolable. we will defend every single piece of that now in ukraine so the pro russian separatists there are spending their control of areas in the east of the country in the latest bush. the storm government headquarters in the city of lost. well this latest action brings new tensions in a region where police stations and government buildings are now under opposition control in at least ten cities and towns the romans didn't seem to have an ethical trading eastern ukraine the regional government headquarters in the city behind. chanting russia recipe called for the region to break away from ukraine and joined the russian federation the armed men also stormed the city's main police station. the recent student re
what russia's actions in ukraine tell us is that today. putin's russia. this claim by a different set of rules. and through its occupation of criteria that subsequent de stabilization of eastern ukraine. russia seeks to change the security landscape of east and central europe we have to make it absolutely clear that problem that nato territory is inviolable. we will defend every single piece of that now in ukraine so the pro russian separatists there are spending their control of areas in the...
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Apr 29, 2014
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but this is a good time to exert economic rusher on russia -- to exert economic pressure on russia. >> are they strong enough to do that? >> the worst estimates right now , maybe a 4% contraction. even if the russian economy shrank by 9%, it would still have a very small effect on the core european economy. there is interdependence here. it is russia that will feel much more pain than germany. in that sense, the west still has some real cards to play. >> do they have the guts to play them? >> that's an excellent question. >> by renouncing the use of military force, i think the president has undermined his own diplomacy. sanctions are a powerful weapon but russia is a lot bigger than russia -- then i ran -- is a lot bigger than iran. >> there is an institutional malaise, governments are too large and spend too much money. there are people who disagree with you. in your opinion, who is the most dangerous economic thinker writing today? >> i'm going to be extremely careful about answering that. >> you've never been extremely careful to date, why start now? are you kidding me? >> it is im
but this is a good time to exert economic rusher on russia -- to exert economic pressure on russia. >> are they strong enough to do that? >> the worst estimates right now , maybe a 4% contraction. even if the russian economy shrank by 9%, it would still have a very small effect on the core european economy. there is interdependence here. it is russia that will feel much more pain than germany. in that sense, the west still has some real cards to play. >> do they have the guts...
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it will be some kind of exogenous event, could be something as simple as russia ukraine becoming more difficult. >> okay. >> don't know. something out of the ordinary. >> i wondered if you were going to say growth is disappointing and perhaps won't get the growth the market assumed. if you look at what's happening in the market you have strong rotation. we've spoken many times about the high flying tech stocks, biotech, social media, that have lost a huge amount of value but you see weakness in housing. in financials. economically sensitive areas, the utility index is pushing up towards an all-time high. what do you do with that rotation? do you follow through? >> well, we look at the individual companies and their own valuations. so we think that some of the high flyers, which have come down, are still at fairly lofty valuations and hard to justify. we contrast that with other old technology dinosaurs like microsoft, cisco, hewlett-packard, where their actual results have been quite good and their valuations are very attractive. so we wouldn't necessarily look at the rotation in a ki
it will be some kind of exogenous event, could be something as simple as russia ukraine becoming more difficult. >> okay. >> don't know. something out of the ordinary. >> i wondered if you were going to say growth is disappointing and perhaps won't get the growth the market assumed. if you look at what's happening in the market you have strong rotation. we've spoken many times about the high flying tech stocks, biotech, social media, that have lost a huge amount of value but...
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Apr 29, 2014
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sanctions on russia. that wraps it up for today. tomorrow, eddie lew will bring you an exclusive interview with some of the biggest players in as cable industry, as well the ceo of cox communications. a great show tomorrow at 8 a.m. eastern. ♪ >> it is 56 minutes past the hour, meaning that bloomberg television is on the markets. we are 30 minutes into the start of u.s. trading, just minutes before we get to read on consumer confidence. right now u.s. stocks are rising for a second day, the dow industrials gaining 94 points. had case schiller home price index this morning under what was estimated, lagging. right out of the bear market right now, it continues to drive a lot of the trading right now because of the momentum selloff. despite the recent selloff, our next guest says that they are presenting themselves. joining us is the head of tech center equity research at s&p capital iq. how are you? >> good, thanks. >> when you look at the recent talk from march 5 and you saw the selloff, is that the correction, the shakeout that pe
sanctions on russia. that wraps it up for today. tomorrow, eddie lew will bring you an exclusive interview with some of the biggest players in as cable industry, as well the ceo of cox communications. a great show tomorrow at 8 a.m. eastern. ♪ >> it is 56 minutes past the hour, meaning that bloomberg television is on the markets. we are 30 minutes into the start of u.s. trading, just minutes before we get to read on consumer confidence. right now u.s. stocks are rising for a second day,...
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Apr 29, 2014
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. >> let's stay with russia. the west has hit russia with a fresh round of sanctions. 'sd includes vladimir putin allies. >> we spoke about the impact of russian sanctions on business. >> for the moment, we are investigating the significance of the sanctions and coming back to practical implications. bp has a lot of exposure to russia. in profitst a drop today. there is a list of stories today that are making headlines. impact.me about the we knew people close to vladimir putin would be on this list. it is just him and it has a role bp.ct on >> and puts them in a pickle. largest 20% of russia's oil producer. the corporate entity has not been sanctioned and the ceo has. if you are bob dudley, you have a 20% stake and a seat on the board. -- as a u.s. in citizen, can you go to the board meeting or not? we heard them say they would have to investigate the sanctions a little more carefully and that is what we already heard from bp and i suspect we will hear that from bob dudley later in the day. one thing i will point out is that there are two lists. he is sanctioned in th
. >> let's stay with russia. the west has hit russia with a fresh round of sanctions. 'sd includes vladimir putin allies. >> we spoke about the impact of russian sanctions on business. >> for the moment, we are investigating the significance of the sanctions and coming back to practical implications. bp has a lot of exposure to russia. in profitst a drop today. there is a list of stories today that are making headlines. impact.me about the we knew people close to vladimir...
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>> bp needs russia very badly. it has 30% of its production is derived from russia. a huge proportion of its reserves are derived from russia. you have other companies with long-term projects based in russia. those companies will dread the day if we go beyond stage two sanctions and we ever get to stage three or four or whatever goes beyond that, which would actually physically affect energy operations or investments. if that were to happen, those companies would be very, very badly hit indeed. even worse than that, if we were to reach that stage, inevitably, oil's gas prices would rise and probably quite sharply. the western governments w s wou not want that to happen. higher energy prices would damage economic growth very badly. >> let's get your view on this. there are always dangers of missteps in a sort of political fallout or cold war, whatever you want to phrase this. and how wide do you think the risk of deeper sanctions are? >> well, i think the west is extremely reluctant to impose sanctions which have real meaning. the kinds of sanctions you were talking a
>> bp needs russia very badly. it has 30% of its production is derived from russia. a huge proportion of its reserves are derived from russia. you have other companies with long-term projects based in russia. those companies will dread the day if we go beyond stage two sanctions and we ever get to stage three or four or whatever goes beyond that, which would actually physically affect energy operations or investments. if that were to happen, those companies would be very, very badly hit...
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large investment in russia. nevertheless, even before the sanctions, after the exploration , it has been trouble for quite some time. or whatever it is in russia. we have more and more trouble in finding the oil. anyway, even without the sanctions, exploration and russia -- in russia. >> we were talking but it is difficult to price in because the sanctions have the model of trying to deter brush up. some say they are little bit wimpy. when they actually start. what does it mean for emerging markets as a whole? we look at ukraine as a country struggling to grow and feed their citizens. >> more and more sanctions, at one point it will be such a big station it will prevent investors from investing in a russia. -- such a big sanctioned it will prevent investors from and plus -- investing in russia. do you crave is even more -- the ukraine, even more sanctions. it is difficult in those markets. so far, we have to have a bigger position. using the market, i think china looks surprisingly upside. saying they will -- [i
large investment in russia. nevertheless, even before the sanctions, after the exploration , it has been trouble for quite some time. or whatever it is in russia. we have more and more trouble in finding the oil. anyway, even without the sanctions, exploration and russia -- in russia. >> we were talking but it is difficult to price in because the sanctions have the model of trying to deter brush up. some say they are little bit wimpy. when they actually start. what does it mean for...
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it is called russia. >> hans, you
it is called russia. >> hans, you
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Apr 29, 2014
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add your hands on russia. ok so it's easy for the united states to say which one percent of their trade balance with fresh eyes the eu however it is very much dependent hundred percent in the baltic states twenty five percent over all it's easy for the us to say let's do the sanctions that skipped of sanctions. where's who's gonna bite the bullet here. if the europeans sanctions will only isolate russia further i believe we should open dialogue. we should open diplomatic channels in fact the ambassador on the force in the basketball office here in paris that the cross and russia the seminar on thursday last thursday. he said that there has been a mix up of goals in the economic and commercial sites in the diplomatic channels like you break the state are not open. i feel that sanctions will only isolate the regime that will even push russia more are up against the wall and will create a more defensive action. where is it. there are opportunities for dialogue and discussion like we saw in geneva. in other words
add your hands on russia. ok so it's easy for the united states to say which one percent of their trade balance with fresh eyes the eu however it is very much dependent hundred percent in the baltic states twenty five percent over all it's easy for the us to say let's do the sanctions that skipped of sanctions. where's who's gonna bite the bullet here. if the europeans sanctions will only isolate russia further i believe we should open dialogue. we should open diplomatic channels in fact the...
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scouting russia russia on beating them up with sticks and chains. duncan is losing tim for us to the latest on vast ocean thanks very much for now. and as we mentioned at the top of the show the united states and eu have impose further sanctions on russia by targeting seven government officials and seventeen companies linked to president vladimir putin's inner circle united states says russia has breached a diplomatic agreement e d fuse the crisis in ukraine is actually taking steps to overtly escalate the conflict. a reporter alex on the phenomena spoke to ukraine's prime minister said he gets a new store while ago and began by asking what else the international community can do to hold russia the cnc due to the us and the european union want to put more pressure pressure on russia by extending the sanctions if that really enough or do you feel that it was for two more to support ukraine. the idea of sticking up sanctions is to purge of russia. tuesday kicking its international obligation and executed international the us administration just announ
scouting russia russia on beating them up with sticks and chains. duncan is losing tim for us to the latest on vast ocean thanks very much for now. and as we mentioned at the top of the show the united states and eu have impose further sanctions on russia by targeting seven government officials and seventeen companies linked to president vladimir putin's inner circle united states says russia has breached a diplomatic agreement e d fuse the crisis in ukraine is actually taking steps to overtly...
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you think that actually doesn't make so much difference to russia at the moment? >> i think that yes it does make a difference at the margin but it's not going to be anywhere near enough to change the political calculus of vladimir putin. you know for that we will probably have to have a severe reconcession in the russian economy for which again will require the kind of blanket sanctions on financial and energy sectors that may be in store down the line. >> and in store down the line what do you think would prompt that? >> well, i think the key issue here really is, does it require additional russian aggression? if tanks were to roll over the borders in eastern ukraine you would see these kinds of sanctions. the vladimir putin continues to engage in a kind of passive-grearvaggressive behavin ukraine that in my mind are clearly aimed at undermining the prospects of a free and fair election in ukraine on may twiech25th and also goes againse spirit of the geneva accord will that be you newspaper of enough to cause the cr western governments to -- increase the pressur
you think that actually doesn't make so much difference to russia at the moment? >> i think that yes it does make a difference at the margin but it's not going to be anywhere near enough to change the political calculus of vladimir putin. you know for that we will probably have to have a severe reconcession in the russian economy for which again will require the kind of blanket sanctions on financial and energy sectors that may be in store down the line. >> and in store down the...
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he says any western sanctions against russia are likely to take immediate effect. unlikely unlikely -- to take immediate effect. >> they are stepping up the pressure on vladimir putin. last month, they slept financial and visa sanctions on individuals close to the russian president, including his chief of staff. obama announced the latest round of u.s. sanctions this monday. the full list will be detailed later in the day. it is expected to further hit putin's inner circle. >> we will be moving forward with an expanded list of individuals and companies affected by sanctions. areas oflso focus on high tech defense exports to russia that we don't think are appropriate to be exporting in this climate. >> on the list are reportedly the heads of top oil companies. but the russian opposition figure has doubts as to how strong the sanctions will be. >> russia's gold and foreign currency reserves and the energy distribution system all lead us to the conclusion the situation will not be critical for the russian economy in the next three to five years. >> obama expressed unc
he says any western sanctions against russia are likely to take immediate effect. unlikely unlikely -- to take immediate effect. >> they are stepping up the pressure on vladimir putin. last month, they slept financial and visa sanctions on individuals close to the russian president, including his chief of staff. obama announced the latest round of u.s. sanctions this monday. the full list will be detailed later in the day. it is expected to further hit putin's inner circle. >> we...
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more sanctions against russia are on the way. sanctions will target people and businesses close to russian president vladimir putin. imlet met with the french president. more on ge's battle, i want to get the latest from hans nichols in berlin. fill us in. where do we stand? >> this is according to a person familiar to the metal -- matter -- the french government will be neutral. turnaround from the weekend. over the weekend, the french government indicated that they wanted there to be a potential other suitor, siemens. they wanted to do an asset swap. they wanted to have two france.ses in but it looks like ge is back in the game. ballgame, a neutral if the french government does not try to put its thumb on it, it looks like it will go in ge's direction because that is what the board wants. ge has done their due diligence. we have to decide by wednesday. >> what my be the difference in price? we don't quite know. that is a good question. offeredmens, they just a letter intent that says they will match or exceed any offer that is
more sanctions against russia are on the way. sanctions will target people and businesses close to russian president vladimir putin. imlet met with the french president. more on ge's battle, i want to get the latest from hans nichols in berlin. fill us in. where do we stand? >> this is according to a person familiar to the metal -- matter -- the french government will be neutral. turnaround from the weekend. over the weekend, the french government indicated that they wanted there to be a...
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more sanctions against russia are on the way. sanctions will target people and businesses close to russian president vladimir putin. imlet met with the french president. for
more sanctions against russia are on the way. sanctions will target people and businesses close to russian president vladimir putin. imlet met with the french president. for
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i read russia is ready and we don't think russia will invade. flying their jets right in. they turn around and fly back out. >> intimidation. >> they are hoping to provoke and then they give an excuse. >> i don't know. if it happened, what would oil do then, matt? >> we would see prices spike if there was some sort of supply issue there. but i really don't think we would get to that point. >> all right. gentlemen, thank you. frank and matt. >> thanks, joe. >> happy investing. >> thanks, frank. when we come back, we will unveil another cnbc 25 first finalist. here is a hint for you. former banker turned philanthropist brooklyn. >>> tomorrow on "squawk box", it's the unveil of cnbc's first 25. top rebels, icons and leaders. the people who have had the greatest influence and cause the most disruption in business over the past 25 years. cnbc's tyler mathisen joins joe, becky and andrew for this very special event start agriculture the 7:00 a.m. eastern time. "squawk box" and the first 25 list only on cnbc, the world leader in business news. announcer: where can an investor be
i read russia is ready and we don't think russia will invade. flying their jets right in. they turn around and fly back out. >> intimidation. >> they are hoping to provoke and then they give an excuse. >> i don't know. if it happened, what would oil do then, matt? >> we would see prices spike if there was some sort of supply issue there. but i really don't think we would get to that point. >> all right. gentlemen, thank you. frank and matt. >> thanks, joe....
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poised to ratchet up its standoff with russia? a key obama foreign policy adviser will be here to discuss that. >>> also, my wide ranging and exclusive interview with the former prime minister of great britain, tony blair, on why he thinks islamic extremism in the middle east is worse than it's ever been. >>> from nbc news in washington, the world's longest running television program, this is "meet the press" with david gregory. >>> good sunday morning. developing story this weekend to talk about. it's what we begin with. i'm joined by civil rights activist and the host of "politics nations" on msnbc, the reverend al sharpton. lorraine miller and bryant gumbel host of "real sports with bryant gumbel." here are the comments by donald sterling allegedly made by donald sterling first revealed on tape by the site tmz. listen. >> yeah, it bothers me a lot that you want to broadcast that you're associating with black people. do you have to? you can sleep with them, you can bring them in. you can do whatever you want. the little i ask yo
poised to ratchet up its standoff with russia? a key obama foreign policy adviser will be here to discuss that. >>> also, my wide ranging and exclusive interview with the former prime minister of great britain, tony blair, on why he thinks islamic extremism in the middle east is worse than it's ever been. >>> from nbc news in washington, the world's longest running television program, this is "meet the press" with david gregory. >>> good sunday morning....
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ministers are meeting today to discuss sanctions against russia. ryan chilcote joins us with the latest. what are we expecting the eu to do? act as tough as the u.s.? >> what we have today is eu officials meeting and we are expecting an announcement later in the day. this is kind of at the level of deputy foreign ministers. will they have the go-ahead to announce the sanctions today or will we have to see a heads of state meeting? that is something we don't know. what we do now from the deputy foreign minister of germany is what the eu is likely to do is expand that list of sanctioned individuals they have by another 15 people. no companies that we know of yet. basically, more so-called stage to sanctions. >> who is going to be hit? >> from the u.s. sanctions, we heard from president obama earlier today talking about going after high-tech military aports, that would suggest company that exported $16 billion of russian weapons last year. >> ryan, thank you so much. ryan chilcote with the latest on these possible extra sanctions. we are back in a cou
ministers are meeting today to discuss sanctions against russia. ryan chilcote joins us with the latest. what are we expecting the eu to do? act as tough as the u.s.? >> what we have today is eu officials meeting and we are expecting an announcement later in the day. this is kind of at the level of deputy foreign ministers. will they have the go-ahead to announce the sanctions today or will we have to see a heads of state meeting? that is something we don't know. what we do now from the...
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high-tech exports to russia. president obama said he didn't see them as appropriate in this environment. but of course, you have the questions, are these sanctions going to work? remember, this is the third round of u.s. sanctions. and will they target putin directly this time? well, the president said they won't necessarily work and that the goal is not to target president vladimir putin personally, but to try to change russia's calculus in the situation. and the president's words from yesterday, "russia has not lifted a finger to de-escalate the situation." here are some of president obama's words from today. >> the goal here is not to go after mr. putin personally. the goal is to change his calculus with respect to how the current actions that he's engaging in in ukraine could have an adverse impact on the russian economy over the long haul and to encourage him to actually walk the walk and not just talk the talk. >> reporter: yeah, that long haul is what the administration has really been focused on, to try t
high-tech exports to russia. president obama said he didn't see them as appropriate in this environment. but of course, you have the questions, are these sanctions going to work? remember, this is the third round of u.s. sanctions. and will they target putin directly this time? well, the president said they won't necessarily work and that the goal is not to target president vladimir putin personally, but to try to change russia's calculus in the situation. and the president's words from...
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he has been talking about the situation vis-À-vis russia. pfizer has confirmed a possible offer for astrazeneca. with more on that story, manus cranny and sam from bloomberg industries. let's start with you, sam. what do we know at this point and what don't we know? >> we know that pfizer made an approach in january. on the 16th of april, they came back again. as you and i were talking last week after the novartis -glaxosmithkline deal, that might have tweaked their interest again. there are many other regions where pfizer would be interested in an astrazeneca. that is what we know so far. we know what price they suggested in january. 46.61 pence. the rest is open to speculation going forward until may 26, when they have to make a formal decision. >> the reason it is going to happen in this way is that an offer was made. now we have to deal with takeover law, which makes things more complicated. >> it does. in some ways, it is quite a good thing. it means that our pay levels in terms of -- i do not know whether the 26th of may is put up or s
he has been talking about the situation vis-À-vis russia. pfizer has confirmed a possible offer for astrazeneca. with more on that story, manus cranny and sam from bloomberg industries. let's start with you, sam. what do we know at this point and what don't we know? >> we know that pfizer made an approach in january. on the 16th of april, they came back again. as you and i were talking last week after the novartis -glaxosmithkline deal, that might have tweaked their interest again. there...
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it says new russia sanctions will target vim individuals and companies with high exports to russia. meanwhile, the president goes on to say the new sanctions represent calibrated efforts to change russia's behavior in the ukraine crisis. you can see live pictures coming through. the further context of what he's saying is that the next would be more sanctions possibly targeting banking and defense areas. and he says the u.s. and allies are keeping in reserve for sanctions against russia. he's flushing out put more detail saying there could be more down the track, but so far they have not chosen that. i'm not sure if we have sound to listen to. do we want to listen to sound? let's have a listen in. >> i think that there are going to be territorial disputes around the world, like we have territorial disputes with some of our closest allies. i suspect that there are some islands and rocks in and around canada and the united states where they are dating back to the 1800s, but we don't go around sending ships and threatening folks. what we do is we sit down and we have some people in a ro
it says new russia sanctions will target vim individuals and companies with high exports to russia. meanwhile, the president goes on to say the new sanctions represent calibrated efforts to change russia's behavior in the ukraine crisis. you can see live pictures coming through. the further context of what he's saying is that the next would be more sanctions possibly targeting banking and defense areas. and he says the u.s. and allies are keeping in reserve for sanctions against russia. he's...
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but russia did not want to comply with the documents. what they received on saturday was not enough, no details of what they were planning to do. or end on the beginning of the exercise. this is the reason why we asked to hold consultations in vienna on those documents. ent toe russians' commitm this document. >> another set of talks will begin in london on returning some of the money that may have left the company under the -- the country under the previous government of ukraine illegally. what is the goal of those talks? can you give us more specific information about what negotiators that will be here in london are hoping to do? >> i think it is better to wait for one more day. goal of thise main initiative is to discuss the assets, this -- these which were illegally taken from ukraine under the previous government, can be returned back to ukraine. it is quite a big number. much foryou very giving us your time this morning. , as tensions in ukraine continue to escalate, prospects for additional sanctions against russia loom. ♪ >> we
but russia did not want to comply with the documents. what they received on saturday was not enough, no details of what they were planning to do. or end on the beginning of the exercise. this is the reason why we asked to hold consultations in vienna on those documents. ent toe russians' commitm this document. >> another set of talks will begin in london on returning some of the money that may have left the company under the -- the country under the previous government of ukraine...
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we have tensions in ukraine and russia getting the best of risk appetite.
we have tensions in ukraine and russia getting the best of risk appetite.
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is stepping pressure on russia. ma impose tougher sanctions as early as today. the european union is expected to follow suit soon after. they were captured by pro-russian separatists. john dawson is here with the story in this is what is causing a lot of concern in the market beyond just the geopolitical threat-- geopolitical here at >> they may come as soon as today. cameron, i l, david and hold on fronts -- aland of franch-- holollande of threatened but have yet to put it into action. they may see the headlines come out today. the italian prime minister and all those are going to try to agree on what they can do so far. >> despite the treaty that was signed last week, now we have pro-russian forces that have captured a european monitors. they've also captured some ukrainian special forces and signs have been shown that they have been beaten severely. what's of the latest two e-mail of all the hostages? releasedhas been because of medical reasons. swedish. you have four germans, one pull a day in sweden. >> where they hurt at all? harm.evidence of any they are
is stepping pressure on russia. ma impose tougher sanctions as early as today. the european union is expected to follow suit soon after. they were captured by pro-russian separatists. john dawson is here with the story in this is what is causing a lot of concern in the market beyond just the geopolitical threat-- geopolitical here at >> they may come as soon as today. cameron, i l, david and hold on fronts -- aland of franch-- holollande of threatened but have yet to put it into action....
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at every turn. >> with respect to russia and ukraine, uniformly condemning russia's actions. >> reporter: it's the country he once banked on building closer ties to. remember this moment? >> after my election, i have more flexibility. >> reporter: but now, obama finds relations with vladimir putin at a new low. he prepares to slap a new rounds of sanctions early to come next month. >> did you misjudge him or did he mislead you, and at this point, isn't it clear that sanctions simply are not going to change his behavior? >> president putin is not a stupid man and i think recently acknowledged that this has already had an impact. >> but you acknowledge that sanctions won't change his behavior? >> jon, i think that's self-apparent. i think that -- there are no guarantees in life. generally. and certainly, no guarantees in foreign policy. >> reporter: the only sure thing in ukraine has been more conflict. just this week, pro-russian forces in the east went so far as to detain eight international observers. abc's muhammad lila. saw firsthand how they're fortifying their positioning. >> all af
at every turn. >> with respect to russia and ukraine, uniformly condemning russia's actions. >> reporter: it's the country he once banked on building closer ties to. remember this moment? >> after my election, i have more flexibility. >> reporter: but now, obama finds relations with vladimir putin at a new low. he prepares to slap a new rounds of sanctions early to come next month. >> did you misjudge him or did he mislead you, and at this point, isn't it clear...
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russia condemned the actions. proseparatist groups announced a mobilization of the forces and ukrainian officials say a group of military advisers from the organization of security and corporation in europe or osce, was taken hostage on friday by pro-russian militants. the detained observers appeared in public for the first time today and said they were not mistreated but so far they were not released. and if russia sends in troops under the pretense of a peace keeping operation, the ukrainian military will fight them. the obama organization has been focused on sanctions with european partners. peter alexander is traveling with the president in russia and filed this report. >> reporter: jonathan, good sunday morning to you from what is a very steamy kuala. president obama, his first comments publicly since the u.s. and g7 leaders indicated further targeted sanctions against russia. president obama praising the ukrainian leadership for their efforts to disarm. but says russia has not lifted a finger to help. presid
russia condemned the actions. proseparatist groups announced a mobilization of the forces and ukrainian officials say a group of military advisers from the organization of security and corporation in europe or osce, was taken hostage on friday by pro-russian militants. the detained observers appeared in public for the first time today and said they were not mistreated but so far they were not released. and if russia sends in troops under the pretense of a peace keeping operation, the ukrainian...
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the league has owners from russia. president obama is in malaysia. they have an owner from sou east asia, india. they look at our culture and race differently. it can impact business, period. this needs to be handled and dealt with permanently. >> two quick thoughts if i may. i think this part is encouraging. i'm not being naive. i'm not saying donald sterling is the only person who holds these views ta may come out in an unguarded moment. more and more people like donald sterling are outliers. it's not just african-americans in the league it's everyone. i had dinner last night with an nba executive who happens to be white. he's outraged and concerned about this. people are appalled. people within the league are appalled. the nba has been a progressive league. virtually even involve had had this the league wants to put this behind them and thought it was behind them and has no place in the nba. i would slightly disagree with charles that while the nba players may have no direct power they have the power of influencing public opinion. perhaps post pla
the league has owners from russia. president obama is in malaysia. they have an owner from sou east asia, india. they look at our culture and race differently. it can impact business, period. this needs to be handled and dealt with permanently. >> two quick thoughts if i may. i think this part is encouraging. i'm not being naive. i'm not saying donald sterling is the only person who holds these views ta may come out in an unguarded moment. more and more people like donald sterling are...
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but russia is a major distraction. what the president is saying about all of that. >>> and a touching tribute to a teenager stabbed to death in the middle of her high school. what might have motivated that brutal attack. >>> a potential outbreak of severe storms could become deadly this weekend. it is threatening at least 9 million people. two tornadoes already ripped through north carolina and shredded homes according to wtkr. one person was taken to the hospital with traumatic injury and at least four others injured. folks that survived the storms say they heard a loud bang. others had trouble reaching loved ones because of bad cell phone service. >> i just heard it going over the house and i heard glass shattering and heard a loud bang. >> everything that's my sister, that's my family, i didn't know. i couldn't get a hold of anybody, didn't know if she was okay. >> karen maginnis is in the severe weather center. karen, which areas could be hit next? >> this is about a three day event. the first starts out across the
but russia is a major distraction. what the president is saying about all of that. >>> and a touching tribute to a teenager stabbed to death in the middle of her high school. what might have motivated that brutal attack. >>> a potential outbreak of severe storms could become deadly this weekend. it is threatening at least 9 million people. two tornadoes already ripped through north carolina and shredded homes according to wtkr. one person was taken to the hospital with...
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we have to recognize we have a new relationship with russia. an aggressive russia. we should look at the baltic states. we should look at positioning combat brigades. not 600 men. maybe getting our national owe allies to position themselves. putin is looking to break nato. the allied force is gone. we assumed control of many of the countries in that alliance. he would like to take back the baltic states. we need to put down markers right now because we don't want conflict. we need to demonstrate strength now and quickly. the russians are not taking us quickly. they are violating every agreement they sign. >> the congressman is not advocates boots on the ground. why send 600 there if we are not about to pursue a military option, gary? >> the point is i'm not saying the military option in ukraine. i'm talking about estonia and latvia and lithuania. we have the treaty with them. attack on one is an attack on all. we want to demonstrate our commitment to nato. the ukraine is one piece of this. the other piece is nato. putin and his leadership, their number one goal, bre
we have to recognize we have a new relationship with russia. an aggressive russia. we should look at the baltic states. we should look at positioning combat brigades. not 600 men. maybe getting our national owe allies to position themselves. putin is looking to break nato. the allied force is gone. we assumed control of many of the countries in that alliance. he would like to take back the baltic states. we need to put down markers right now because we don't want conflict. we need to...
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now today moscow said that it's taking steps to resolve the situation but elsewhere, alex, russia is escalating the tension. in addition to those ground maneuvers you mentioned close to the boirter, there is now -- they're now showcasing state of the art s 300 antimissile systems, russian jet fighters are crossing -- have crossed several times in the past 24 hours and according to the pentagon russian troops are doing what they call, pulsing. that's fainting an invasion only to stop short of the border and peel off north and south. it's apparently a way to test ukraine's reaction in case of a real invasion. of course, alex, finally with all of this going on, the worry is that with president obama and putin no longer talking to each other, the chances of any resolution of this crisis are low but the chances of a dangerous miscalculation on either side are very high. alex, back to you. >> okay, jim maceda. when we next speak i'd like to talk to you about what you found when you went to the ukrainian monastery. we'll get to that next time. thanks so much. >>> more details are emerging t
now today moscow said that it's taking steps to resolve the situation but elsewhere, alex, russia is escalating the tension. in addition to those ground maneuvers you mentioned close to the boirter, there is now -- they're now showcasing state of the art s 300 antimissile systems, russian jet fighters are crossing -- have crossed several times in the past 24 hours and according to the pentagon russian troops are doing what they call, pulsing. that's fainting an invasion only to stop short of...